Nestle SA


  • Nestle sells Jenny Craig to private equity firm Thursday, 7 Nov 2013 | 3:15 AM ET

    The world's biggest food group Nestle said on Thursday it was selling its Jenny Craig weight management businesses in North America and Oceania to private equity firm North Castle Partners for an undisclosed sum.

  • Candymakers bagging billions this Halloween Thursday, 31 Oct 2013 | 9:53 AM ET
    Candy displayed at a Walgreens in Wheeling, Ill.

    Halloween candy sales are projected to top $2.3 billion, up 1 percent from last year.

  • Companies foot the bill when CEO spouses tag along Wednesday, 23 Oct 2013 | 2:20 PM ET

    Many companies continue to pick up the tab for CEOs' spouses who accompany them on business trips. USA Today reports.

  • Four-star fund manager picks two new stocks Monday, 21 Oct 2013 | 1:59 PM ET

    "We end up buying things that had been disappointing for others," says Oakmark's Bill Nygren.

  • EU stocks close narrowly higher after debt deal Thursday, 17 Oct 2013 | 12:05 PM ET

    European equities closed narrowly higher on Thursday, with investors underwhelmed by U.S. lawmakers finally reaching a deal to lift the country's borrowing limit.

  • Nestle CEO: Debt deal is key to our success in US Thursday, 17 Oct 2013 | 10:43 AM ET

    The short-term fix to the U.S. debt ceiling is a "starting condition" for Nestle's continued growth in America, the company's CEO told CNBC on Thursday.

  • Nestle will hit earnings target: CEO  Thursday, 17 Oct 2013 | 8:45 AM ET

    Paul Bulcke, CEO of Nestle, explains that the group expects to achieve its guidance due to a combination of "real internal growth" and "softening" prices.

  • Nestle sales growth misses poll on weak Europe and Asia Thursday, 17 Oct 2013 | 2:00 AM ET

    Nestle said still-weak emerging market demand and falling prices for its products in Europe slowed underlying sales growth to 4.4 percent in the first nine months of the year.

  • Sugar: The food industry’s tobacco moment? Tuesday, 15 Oct 2013 | 2:35 AM ET

    The food industry is facing a backlash against high sugar content on the same scale as the one experienced by the tobacco industry.

  • Amid bloodshed in Pakistan, a stock exchange soars Friday, 4 Oct 2013 | 2:45 AM ET

    If the best time to buy is when there is bloodshed, then Pakistan's commercial capital offers the ideal investment opportunity. The NYT reports.

  • Not-so-sweet tooth: Chocolate prices could soar Friday, 13 Sep 2013 | 4:44 PM ET

    Chocoholics face higher prices for their sweet treats as candy makers deal with higher prices for cocoa butter.

  • Gimme a break: New Android system named 'KitKat' Tuesday, 3 Sep 2013 | 3:34 PM ET

    Google, which is known for nick-naming its mobile operating systems after desserts, has for the first time chosen a brand-name candy for its 4.4 version that's expected to launch this fall.

  • L'Oreal on Nestle deal: 'This is business fiction' Friday, 30 Aug 2013 | 2:01 AM ET
    Jean-Paul Agon, chief executive officer of L'Oreal SA

    L'Oreal's rumored buyback of Nestle's 29.5 percent stake in the French cosmetics giant looked far from a done deal on Friday, with Jean-Paul Agon, chairman and CEO of L'Oreal, telling CNBC that the ball was in the Swiss food giant's court.

  • Jean-Paul Agon, chairman & CEO of L'Oréal, tells CNBC that it's not their decision whether to buy the Nestle stake in L'Oréal as Nestle must decide if it wants to sell it.

  • How Google Earth surveillance will protect forests Monday, 19 Aug 2013 | 8:41 AM ET
    Logging in the Amazon is closely linked with road building.

    Nestlé and Unilever will soon be able to see what’s going on in any tropical forests in real-time, down to 1 meter. Is this the "good side" of the surveillance state?

  • Wake up and smell the coffee – market may perk up Wednesday, 14 Aug 2013 | 8:58 AM ET

    The global coffee market has been rather decaffeinated for the past couple of years, with prices falling to less than half their 2011 peak and the bean becoming the worst-performing soft commodity last year.

  • Europe shares close higher on strong China data Thursday, 8 Aug 2013 | 12:04 PM ET

    European shares closed higher on Thursday following better-than-expected trade numbers from China, signaling tentative signs of an economic recovery.

  • Nestle cuts full-year growth target on sluggish Europe Thursday, 8 Aug 2013 | 2:42 AM ET

    Underlying sales at Nestle grew 4.1 percent in the first half, missing forecasts and lagging growth of rivals Danone and Unilever, as price erosion continued in Europe.

  • Nestle cuts growth targets  Thursday, 8 Aug 2013 | 2:25 AM ET

    Jon Cox, head of Swiss research at Kepler Cheuvreux, tells CNBC that the problem for Nestle is the deceleration in emerging markets.

  • China fines milk powder makers for price fixing Wednesday, 7 Aug 2013 | 5:24 AM ET
    Dumex baby formula, which uses the New Zealand dairy company Fonterra as its raw material supplier, at a store in Yichang, in central China's Hubei province on August 5, 2013.

    China fined six companies including New Zealand dairy giant Fonterra a total of $110 million following an investigation into price fixing and anti-competitive practices by foreign baby formula makers.